Assetmark Inc. Sells 9,551 Shares of JPMorgan Equity Premium Income ETF $JEPI

Assetmark Inc. lowered its stake in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 10.1% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 84,591 shares of the company’s stock after selling 9,551 shares during the quarter. Assetmark Inc.’s holdings in JPMorgan Equity Premium Income ETF were worth $4,809,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also added to or reduced their stakes in the company. Atlas Capital Advisors Inc. increased its stake in JPMorgan Equity Premium Income ETF by 12.1% in the 1st quarter. Atlas Capital Advisors Inc. now owns 4,670 shares of the company’s stock worth $267,000 after purchasing an additional 504 shares during the period. Coastline Trust Co increased its stake in JPMorgan Equity Premium Income ETF by 14.0% in the 2nd quarter. Coastline Trust Co now owns 1,981 shares of the company’s stock worth $113,000 after purchasing an additional 243 shares during the period. Grandview Asset Management LLC increased its stake in JPMorgan Equity Premium Income ETF by 8.6% in the 2nd quarter. Grandview Asset Management LLC now owns 14,976 shares of the company’s stock worth $851,000 after purchasing an additional 1,181 shares during the period. Parallel Advisors LLC increased its stake in shares of JPMorgan Equity Premium Income ETF by 3.1% during the second quarter. Parallel Advisors LLC now owns 45,589 shares of the company’s stock valued at $2,592,000 after buying an additional 1,372 shares during the period. Finally, Goldman Sachs Group Inc. purchased a new position in shares of JPMorgan Equity Premium Income ETF during the first quarter valued at approximately $847,000.

JPMorgan Equity Premium Income ETF Stock Performance

JEPI opened at $56.39 on Tuesday. JPMorgan Equity Premium Income ETF has a 52-week low of $49.94 and a 52-week high of $60.88. The stock has a market capitalization of $40.37 billion, a PE ratio of 23.93 and a beta of 0.60. The stock’s 50 day moving average price is $56.93 and its 200-day moving average price is $56.42.

About JPMorgan Equity Premium Income ETF

The JPMorgan Equity Premium Income ETF (JEPI) is an exchange-traded fund that is based on the S&P 500 index. The fund is an actively-managed fund that invests in large-cap US stocks and equity-linked notes (ELNs). It seeks to provide similar returns as the S&P 500 Index with lower volatility and monthly income.